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Mark Zuckerberg Sells Meta Shares Worth Nearly $185 Million Amid Stock Surge

Mark Zuckerberg Sells Meta Shares Worth Nearly $185 Million Amid Stock Surge

Tue, Dec 05, 2023

Meta's CEO Mark Zuckerberg made his first share sale since November 2021, offloading 682,000 Meta shares worth nearly $185 million. This move comes amid Meta's impressive stock performance, surging 172% in 2022. Despite the sale, Zuckerberg retains about 13% of Meta, contributing to a substantial $117.7 billion of his fortune.

Setback for Mark Zuckerberg, US IRS sues Facebook for $9 billion in unpaid taxes

Setback for Mark Zuckerberg, US IRS sues Facebook for $9 billion in unpaid taxes

Thu, Feb 20, 2020

Facebook told the court that it valued only $6.5 billion in 2010 but the IRS begged to differ, saying the social media giant "knowingly undervalued itself while selling off its intellectual property to a new company based in Ireland to avoid paying US corporation tax".

Mark Zuckerberg: India drives us to roll out WhatsApp Pay globally

Mark Zuckerberg: India drives us to roll out WhatsApp Pay globally

Thu, Jan 30, 2020

"On payments, we`re focused in different places with different products. For things like Instagram and even a lot of what we`re doing on Facebook, it`s a lot more developed countries. For WhatsApp, it`s the biggest countries on WhatsApp. So countries like India and Mexico and Brazil and Indonesia will make up a large part of the community on WhatsApp," he elaborated.

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On India's data localisation demand, Facebook's Mark Zuckerberg speaks

On India's data localisation demand, Facebook's Mark Zuckerberg speaks

Sat, Apr 27, 2019

India`s data localisation demands are understandable but allowing it for one nation can trigger a demand from countries which are much more authoritarian and can misuse the citizens` data, Facebook CEO Mark Zuckerberg has said.

Facebook hires Trump official as general counsel

Facebook hires Trump official as general counsel

Tue, Apr 23, 2019

Newstead succeeds Colin Stretch who would continue at Facebook to help with the transition, the company said in a statement on Monday.

Your Instagram password not safe? Here’s how you can secure your ID after this new problem raised its head

Your Instagram password not safe? Here’s how you can secure your ID after this new problem raised its head

Tue, Apr 23, 2019

Facebook has admitted that it accidentally revealed millions of Instagram users passwords in plain text.

Facebook founder Mark Zuckerberg's salary doubled - he will get this much now

Facebook founder Mark Zuckerberg's salary doubled - he will get this much now

Sat, Apr 13, 2019

Facebook Chief Operating Officer Sheryl Sandberg took home $23.7 million in 2018 compared to $25.2 million last year.

Instagram to change name, re-brand itself

Fri, Mar 29, 2019

Earlier in March, Instagram co-founders Kevin Systrom and Mike Krieger spoke at the 2019 South By South West (SXSW) Conference and Festivals at Austin, Texas, since leaving Facebook last September, sore about losing independence within the Zuckerberg-led company.

Did hackers get your Facebook password? Here is what cyber-security firm Sophos wants you to do

Did hackers get your Facebook password? Here is what cyber-security firm Sophos wants you to do

Fri, Mar 22, 2019

The latest spoiler alert for Facebook and its users, is that, this social media-giants some 20,000 employees have access to up to 600 million users password.

Facebook pulls down over 100 fake accounts spreading hate

Facebook pulls down over 100 fake accounts spreading hate

Fri, Mar 08, 2019

The crackdown on fake accounts comes a day after Facebook CEO Mark Zuckerberg published a memo about the company becoming a "privacy-focused social network" like WhatsApp.

Facebook bug exposes users' data, exposes who you have been messaging

Facebook bug exposes users' data, exposes who you have been messaging

Fri, Mar 08, 2019

The researcher reported the vulnerability to Facebook under their responsible disclosure programme and the social media platform mitigated the issue.

Interoperability of Facebook apps could work only on Android

Interoperability of Facebook apps could work only on Android

Thu, Mar 07, 2019

"We plan to start by making it possible for you to send messages to your contacts using any of our services, and then to extend that interoperability to SMS too. Of course, this would be opt-in and you will be able to keep your accounts separate if you'd like," Zuckerberg wrote in a blog post on Thursday.

Facebook, Telegram working on their own cryptocurrencies

Facebook, Telegram working on their own cryptocurrencies

Fri, Mar 01, 2019

Not only Facebook, highly-encrypted mobile communications apps Telegram and Signal are also on the job to roll out new cryptocurrencies over the next year,

How to stop Facebook from tracking your location

How to stop Facebook from tracking your location

Thu, Feb 21, 2019

Introducing the new privacy control feature to its Android app, Paul McDonald, Engineering Director, Location Infrastructure, Facebook wrote in a blog-post on Wednesday, "We`re introducing a new background location control on Facebook for Android so people can choose if they want us to collect location information when they`re not using the app."

Facebook interested in Blockchain-based authentication, says Mark Zuckerberg

Facebook interested in Blockchain-based authentication, says Mark Zuckerberg

Thu, Feb 21, 2019

Earlier in May, Facebook set up a group within the company to explore Blockchain technology and its potential use for the platform, headed by Messenger chief David Marcus.

Facebook improves location settings, adds new privacy control on Android

Facebook improves location settings, adds new privacy control on Android

Thu, Feb 21, 2019

Facebook is also updating the "Access Your Information" feature to include an estimate of users` primary location at the city or postal code level.

Facebook interested in Blockchain-based authentication: Mark Zuckerberg

Facebook interested in Blockchain-based authentication: Mark Zuckerberg

Thu, Feb 21, 2019

According to him, Blockchain could give users more powers when granting data access to third-party apps. Facebook last year promoted one of its senior engineers Evan Cheng as the Director of Engineering at its recently launched Blockchain division.

Why Facebook was labelled 'digital gangsters' by UK lawmakers

Why Facebook was labelled 'digital gangsters' by UK lawmakers

Tue, Feb 19, 2019

Through scrutiny of internal Facebook emails between 2011 and 2015, the report found evidence to indicate that the company was willing to override its users` privacy settings in order to transfer data to some app developers.

Facebook adds 5 more partners to spot fake news in India: Here is how they will work

Facebook adds 5 more partners to spot fake news in India: Here is how they will work

Mon, Feb 11, 2019

"So we are trying to take action in the short-term, but also invest in partnerships, tools and technology we'll need to stay ahead of new types of false news as well," he added

Hot stock! Facebook makes chief Mark Zuckerberg even richer, ranks 5th in billionaire list; should you buy its shares?

Hot stock! Facebook makes chief Mark Zuckerberg even richer, ranks 5th in billionaire list; should you buy its shares?

Wed, Feb 06, 2019

Facebook has reversed the losses trend, and have made consistent growth in their share price so far this year.

Facebook to give bonus to employees fighting against spread of misinformation, hate speech on its platform

Facebook to give bonus to employees fighting against spread of misinformation, hate speech on its platform

Wed, Feb 06, 2019

This particular change is designed to ensure that we are incentivising people to keep making progress on the major social issues facing the internet and our company," the company said in a statement.

Facebook earns record profit of $16.91 bn, monthly active users rise to 2.3 bn

Facebook earns record profit of $16.91 bn, monthly active users rise to 2.3 bn

Thu, Jan 31, 2019

Facebook reported $6.88 billion in net income which amounts to $2.38 a share -- up from $1.44 a share in the year-ago period. The full year revenue stood at $55.8 billion -- up from $40.6 billion in 2017.

By end of this century, Facebook to become world's biggest virtual graveyard - Is your digital will ready?

By end of this century, Facebook to become world's biggest virtual graveyard - Is your digital will ready?

Tue, Jan 29, 2019

The big question is: How to make digital platforms realise the need to transfer digital assets - personal photos, videos and friendly posts -- to the family once a member is no more.

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